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Property market

  • Halifax: House prices stagnate in April as affordability issues push buyers towards flats

    May 7, 2024

    The outlook for the housing market is mixed, although the latest figures from Halifax show prices have been rising.

  • Qatari sheikh sells Hyde Park mansion to fellow Royal for £39m

    May 3, 2024

    Transferring a luxury property between family members could be to take advantage of tax benefits or to avoid certain taxes associated with inheritance or property ownership.

  • London rejects most planning applications despite housing crisis

    May 3, 2024

    The majority of councils refusing at least one in two submissions for new housing in 2023 are disproportionately in London, new data shows.

  • Troubled sale of Siemens UK head office eyes second chance

    May 2, 2024

    The UK headquarters of Siemens has been put back up for sale two years after the German giant first attempted to offload the building.

  • Grafton revenue falls but group expects boost from Irish housebuilding blitz

    May 2, 2024

    Grafton attributed the change to “prevailing macroeconomic conditions” as well as “exceptionally wet weather in Ireland”, which hurt demand.  

  • Good news for London’s property market as US investment rebounds

    May 1, 2024

    Significant deals have included MCR Hotels' £275mn purchase of the BT Tower in central London and Elliott Management and Oval Real Estate's £300mn acquisition in the West End. 

  • London’s most expensive flat goes on sale for £175m

    April 30, 2024

    Previous buyers in the building have included Kylie Minogue, Tom Cruise and Ukraine’s richest man, Rinat Akhmetov.

  • Gladman Homes founder increases investment in Henry Boot

    April 30, 2024

    The founder of one of the UK's most active land promoters has further increased his stake in property developer Henry Boot.

  • FTSE 100 today: London markets set to extend record streak on strong global cues

    April 30, 2024

    Asian stocks tracked Wall Street's gains, while Japan's yen held firm after suspected intervention spurred sharp gains. Oil prices dipped amidst Israel-Gaza ceasefire talks, and China's factory activity expanded for the second month. Investor attention was on the upcoming Fed policy decision and earnings reports from Amazon.com and Coca-Cola.

  • London house prices fall on back of rising mortgages and stamp duty

    April 29, 2024

    London buyers are seeing the highest average difference in annual mortgage repayments, rising £7,500 pounds since 2021, the latest reading from property portal Zoopla has shown. 

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